Friday, December 11, 2009

The deficit with China rose 2.5%, to $22.66 billion,

Washington Post, Dec.11, 2009 on page A20:

The deficit is the highest level in nearly a year, even though US exports to China hit an all-time high.

"Express" Dec.11,09 on page 3: Pelosi plans to stretch nation's debt ceiling next week. It is now at 12.1 trillion. Democrats want to raise the debt limit before 2010 when they will face voters in November.

A joke a day keeps the doctor away? An apple a day keeps the MD. out of business?

Dr. Miller said: "Potential benefits of laughter include better blood flow through the heart's arteries."

Dr. Taylor stated: "Everyone agrees that laughter and humor have positive benefits on psychological health. Laughter offsets mental stress. You may live longer but you better live better as you can laugh at yourself. I crack my own jokes during a class period for fun. Needless to say,exercise is needed such as walking for physical health. A happy melody may be singing in your ears today or tomorrow if you can sing a song? Christmas songs ring the bell nowadays.

Perhaps it is too early to start New Year's Resolution but I would like to be ahead of the game so that we can start NOW:

4 S - 2 D = RCA

1. Simplicity
2. Sincerity
3. Serenity
4. Serendipity

the above 4 S

Minus

1. Disappointment
2. Discouragement

as 2 D above

We can be happy when we add intellectual pursuit,spiritual satisfaction and good health over desire as the denominator with the necessary material consumption as the numerator in an equation. A bit of modification from the textbook in Economics by Paul A. Samuelson,the first American Nobel Laureate in Economic Science decades ago: Happiness is equal to Material Consumption over Desire. I lectured about such formula in Shanghai in 1981 as my philosophy of life.

Francis Shieh aka Xie Shihao as a lifelong student of human behavior (micro-economics) on Friday, December 11, 2009 at 9.30 a.m.

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